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Day: November 1, 2025

US-China Trade Truce Brings Relief to Global Markets, Says Marcos

Manila: President Ferdinand R. Marcos Jr. on Saturday welcomed the easing of trade tensions between the United States and China, describing it as a positive development for the global economy and for countries like the Philippines. This follows reports that the two economic giants have agreed to a temporary truce on the sidelines of the recently concluded APEC Summit. According to Philippines News Agency, President Marcos mentioned that he received limited details about the talks between President Donald Trump and Xi Jinping. However, early reports indicated that Washington and Beijing have agreed to ‘declare peace for at least a year,’

PBBM Urges Peaceful Protests on Bonifacio Day Amid Concerns Over Potential Violence

Busan: President Ferdinand R. Marcos Jr. on Saturday called for peaceful demonstrations during the anti-corruption rallies scheduled for November 30, expressing hope that violence similar to the September 21 protests would not occur again. According to Philippines News Agency, during a media briefing in Busan, South Korea, where President Marcos attended the 2025 Asia-Pacific Economic Cooperation Summit, he stated that the upcoming Bonifacio Day protests are not considered a major concern. However, he expressed worries about potential agitators who might incite violence. Marcos questioned the intentions of demonstrators who bring weapons such as Molotov cocktails, highlighting the need to prevent

ICI Funding Crucial to Support Flood Control Probe – PBBM

Busan: President Ferdinand R. Marcos Jr. on Saturday emphasized the importance of providing funds to the Independent Commission for Infrastructure (ICI) to sustain the gains of its ongoing investigation into anomalous flood control projects. Marcos confirmed that the ICI has already received the budget needed for its continued operations, as well as for staff support and expansion. He said he is not privy to the exact amount. According to Philippines News Agency, Marcos stated, ‘As I said, we’re committed to make sure that they can, to fund their investigation, to make sure that everything that they want to do with

Marcos Highlights Insightful Discussions at APEC Summit on Trade, AI, and Climate Action

Gyeongju: President Ferdinand R. Marcos Jr. hailed the Asia-Pacific Economic Cooperation (APEC) Summit in Gyeongju, South Korea, as a ‘very productive’ meeting, emphasizing that discussions among regional leaders offered valuable insights on trade, artificial intelligence (AI), and climate action amid global uncertainties. According to Philippines News Agency, President Marcos shared with the Philippine media that the summit’s discussions primarily focused on trade and economic cooperation. Leaders also engaged in meaningful dialogues on AI governance, climate change mitigation, and loss-and-damage mechanisms, reflecting issues that are shaping global economic policies. Marcos highlighted that despite the diversity of participants, ranging from Latin American

Government Intensifies Anti-Corruption Efforts to Address Bureaucratic Irregularities

Busan: President Ferdinand R. Marcos Jr. has declared a firm stance against corruption, emphasizing his administration’s commitment to reducing the involvement of government workers in corrupt activities. According to Philippines News Agency, Marcos, in an interview following the Asia-Pacific Economic Cooperation Summit in Busan, South Korea, acknowledged the persistent challenge of corruption within large bureaucracies. He noted that while eliminating corruption entirely might be unrealistic, efforts are underway to make it increasingly difficult for officials and employees to engage in corrupt practices. Marcos highlighted the government’s strategy to tighten systems and procedures, thereby reducing the opportunities for corrupt activities. He